Qualcomm donates $325K to assist in China earthquake relief efforts

Qualcomm Inc. (Nasdaq: QCOM) announced Monday that it has donated $325,000 to assist in earthquake relief efforts in China's Yunnan Province.

Qualcomm has committed the funds to Charities Aid Foundation of America (CAF America), which has made a grant from its fund to the China Youth Development Foundation, at the company's suggestion.

CAF America is a global grant-making organization assisting corporations, foundations and individuals. It helps donors support causes by assisting them in making strategic grants internationally and domestically.

June 12, 2013 -- Reporter Tierney Plumb speaks with Tim McDonough, vice president of marketing for Qualcomm CDMA Technologies, about the latest technologies at the E3 Expo at the Los Angeles Convention Center on Wednesday.